Quinte West Real Estate Statistics

Quinte West Real Estate Price Trend
Quinte West real estate average sold price in the last 30 days (January 21 - February 19) was $549,767, which is $13,411 (2.4%) lower than the average price of $563,178 in the previous 30 day period (December 22 - January 20), and $17,088 (3.1%) up from the same period 1 year ago ($532,679). Quinte West real estate prices over the last 30 days are also $12,234 (2.2%) higher than the average selling price of $537,533 over the past year.
Quinte West average sold price for homes was $559,750 in the last 30 days (January 21 - February 19), which is $28,109 (5.0%) down from the average home price of $587,859 in the previous 30 day period (December 22 - January 20), and $21,033 (3.8%) higher than the same period 1 year ago ($538,717). In the last 30 days Quinte West the average home price was $10,247 (1.8%) higher than the average selling price of $549,503 over the last 12 months.
Average Quinte West condo sold price over the last 30 days (January 21 - February 19) was $380,065. During this period it was $22,685 (6.0%) down from the average price of condo of $402,750 during the previous 30 days (December 22 - January 20), and $18,835 (5.0%) lower compared to the same period 1 year ago ($398,900). In the last 30 days Quinte West the average condo price was $6,364 (1.7%) higher than the average selling price of $373,700 over the last year.
Sold Price Above/Below Asking ($)
Average selling price for Quinte West real estate was $549,767 in the last 30 days (January 21 - February 19), which is collectively $15,415 (2.2%) lower than the average asking price of $697,347. This represents an increase of $2,306 (13.0%) compared to $17,721 (2.7%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in Quinte West during the last 12 months was recorded in June, 2024 with an average of $1,428 under the asking price, while the minimum occurring in January, 2025 with $18,058 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Quinte West was 38.7% with 36 properties sold and 62 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 48.4% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 48.4% compared to the same period one year ago.
Over the the last year the highest SNLR in Quinte West was 136.4% recorded in December and the lowest was in January at 38.5%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 36 properties that were successfully sold in Quinte West in the last 30 days (January 21 - February 19) was 71 days, which is 19 days more than 52 days average in the previous 30 day period (December 22 - January 20) and 27 days longer than during the same period a year ago (44 days).
There were 38 delisted properties in Quinte West, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 98 days on the market. This is 25 days shorter than the average of 123 days during the previous 30 day period (December 22 - January 20) and 31 days less compared to the same period last year average of 129 days on the market.
38 Quinte West properties that didn't sell stayed on the market 38.0% longer than 36 that sucessfully sold over the last 30 days - 71 days when sold vs 98 days when delisted respectively.
Average Days on the Market in Quinte West over the past 12 months for properties that have sold was 43.3 days, with 77.6 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
93 new properties were listed on the market in Quinte West in the last 30 days (January 21 - February 19). During the same time 36 properties were sold and 38 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 19 properties (or 20.4%).
During the previous 30 day period (December 22 - January 20) there were 62 new properties listed, 30 sold and 39 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 135 new properties listed, the slowest - December with 33 new listings and a yearly average of 100 new listings per month.
New Real Estate Listings by Property Type
There were a total of 86 homes listed during the last 30 days (January 21 - February 19), which is 92.5% of all properties listed in Quinte West. This is a 75.5% increase compared with a previous 30 day period (December 22 - January 20) and 8.9% up from the same period a year ago. Over the past year an average of 92 homes are were listed per month.
4 condo units were listed in the last 30 days (January 21 - February 19) in Quinte West, which represents 4.3% of all new listings. This is down 55.6% from the prior 30 day period (December 22 - January 20) and 63.6% less compared to the same period last year. There were 5 condos listed per month on average during the last 12 months.
3 townhomes were listed over the last 30 days (January 21 - February 19) in Quinte West, which is 3.2% of all new real estate inventory. This is a 25.0% less than during the previous 30 day period (December 22 - January 20) and 200.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 3 a month.
Real Estate Sales by Property Type
There were a total of 34 homes sold during the last 30 days (January 21 - February 19), which is 94.4% of all properties sold in Quinte West. This is a 30.8% increase compared with a previous 30 day period (December 22 - January 20) and 12.8% down from the same period a year ago. Over the past year an average of 61 homes are were sold per month.
2 condo units were sold in the last 30 days (January 21 - February 19) in Quinte West, which represents 5.6% of all sold properties. This is down 50.0% from the prior 30 day period (December 22 - January 20) and 100.0% more compared to the same period last year. There were 4 condos sold per month on average during the last 12 months.
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